UUM Electronic Theses and Dissertation
UUM ETD | Universiti Utara Malaysian Electronic Theses and Dissertation
FAQs | Feedback | Search Tips | Sitemap

The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries

Ainul Latifah, Mohd Yunus (2011) The Effect of Fiscal Policy on Economic Growth in Asean-5 Countries. Masters thesis, Universiti Utara Malaysia.

[thumbnail of s804396.pdf]

Download (2MB) | Preview


This thesis study the panel data to investigate the problem of fiscal deficit at five ASEAN countries namely Indonesia, Malaysia, Philippines, Thailand and Vietnam. Beside that, this analysis used the fiscal variable and country characteristics as the variable in this model based on GDP per capita. The variables in fiscal variable consist of total tax revenue (TTR), non tax (NT), productive expenditure (PE), total expenditure (TE), and budget deficit (BD). While for country characteristics the variable are population growth (PG), investment (I), government debt (GD) and external debt (ED). This thesis examines the standard method test for panel unit root test there is Maddala and Wu (1999). After that this thesis applies the cointegration method based on panel cointegration test by Pedroni (1999). A fully modified OLS (FMOLS) test is used to estimate the long run relationship in fiscal deficit at ASEAN-5 countries. As a result, we find out that all the variables are significant between them. This thesis recommends that policymakers should concern all of the significant variables since they give impact on fiscal deficit.

Item Type: Thesis (Masters)
Supervisor : Abdullah, Hussin
Item ID: 3684
Subjects: H Social Sciences > HJ Public Finance
Divisions: College of Arts and Sciences (CAS)
Date Deposited: 02 Jan 2014 06:14
Last Modified: 11 Apr 2022 01:10
Department: College of Arts and Sciences
Name: Abdullah, Hussin
URI: https://etd.uum.edu.my/id/eprint/3684

Actions (login required)

View Item
View Item